OFS Credit Company Declares Series F Preferred Stock Distributions
08 Octubre 2024 - 7:00AM
Business Wire
OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the
“Company,” “we,” “us” or “our”), an investment company that
primarily invests in collateralized loan obligation (“CLO”) equity
and debt securities, today announced that its board of directors
declared monthly cash distributions for the Company’s 7.875% Series
F Term Preferred Stock through January 31, 2025.
The following schedule applies to the 7.875% Series F Term
Preferred Stock (Nasdaq: OCCIM) distributions for preferred
stockholders of record on the close of business of each specific
record date:
Month
Record Date
Payment Date
Cash Distribution Per
Share
October 2024
October 21, 2024
October 31, 2024
$0.15859375
November 2024
November 19, 2024
November 29, 2024
$0.1640625
December 2024
December 20, 2024
December 31, 2024
$0.1640625
January 2025
January 21, 2025
January 31, 2025
$0.1640625
About OFS Credit Company, Inc.
OFS Credit is a non-diversified, externally managed closed-end
management investment company. The Company’s primary investment
objective is to generate current income, with a secondary objective
to generate capital appreciation, which we seek to achieve
primarily through investments in CLO equity and debt securities.
The Company’s investment activities are managed by OFS Capital
Management, LLC, an investment adviser registered under the
Investment Advisers Act of 19401, as amended, and headquartered in
Chicago with additional offices in New York and Los Angeles.
Forward-Looking Statements
Statements in this press release may constitute “forward-looking
statements” regarding management’s future expectations, beliefs,
intentions, goals, strategies, plans or prospects. Forward-looking
statements can be identified by terminology such as “anticipate,”
“believe,” “could,” “could increase the likelihood,” “estimate,”
“expect,” “intend,” “is planned,” “may,” “should,” “will,” “will
enable,” “would be expected,” “look forward,” “may provide,”
“would” or similar terms, variations of such terms or the negative
of those terms. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors including those
risks, uncertainties and factors referred to in documents that may
be filed by OFS Credit from time to time with the Securities and
Exchange Commission, as well as elevated interest and inflation
rates, the ongoing war between Russia and Ukraine, the escalated
armed conflict in the Middle East, instability in the U.S. and
international banking systems, uncertainties related to the 2024
U.S. presidential election and the risk of recession or a shutdown
of U.S. government services and related market volatility on our
business, our portfolio companies, our industry and the global
economy. As a result of such risks, uncertainties and factors,
actual results may differ materially from any future results,
performance or achievements discussed in or implied by the
forward-looking statements contained herein. OFS Credit is
providing the information in this press release as of this date and
assumes no obligations to update the information included in this
press release or revise any forward-looking statements, whether as
a result of new information, future events or otherwise.
1 Registration does not imply a certain level of skill or
training.
OFS® and OFS Credit® are registered trademarks of Orchard First
Source Asset Management, LLC.
OFS Capital Management™ is a trademark of Orchard First Source
Asset Management, LLC.
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version on businesswire.com: https://www.businesswire.com/news/home/20241008258769/en/
INVESTOR RELATIONS: Steve Altebrando 847-734-2085
investorrelations@ofscreditcompany.com
MEDIA RELATIONS: Bill Mendel 212-397-1030
bill@mendelcommunications.com
OFS Credit (NASDAQ:OCCI)
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